i have $500 and i need to invest it. a small business, a stock... any ideas?

Question

any reasonable suggestions are appreciated.

Answer 1

Put $500 on the Eagles on Christmas Night.

Great Investment.

Answer 2

Put it in an ING Direct Orange Savings account. That's not enough money to invest in anything (most investments need a minimum more that $500). A high interest savings account is the best idea.

Answer 3

I'd put it into a savings bond for the time being. $500 isn't very much, and an investment of that small amount won't ever pay off. Save more and invest enough to see returns later on.

Answer 4

I feel I've got the information you need. I know of an Internet marketing business opportunity that you should find out more about. It's a business that has a system that allows you to build it, develop it, then when it's up and running it allows you to exit and with the extra time you'll have, you'll be able to build, develop and run another. . .it's never ending, IF you're up to it. It's not difficult, it doesn't take a rocket scientist to do. It’s as simple as this: Shop on-line (do your regular shopping – toothpaste, toilet paper, deodorant, etc) and get paid for it, then get others to do the same thing and get paid for that, too. It can be developed as a referral business or you can directly market the products. There is a huge variety of products to market, which gives you the advantage of choosing just a few products or even just one product that you're interested in and really get behind it. The affiliated corporation takes care of inventory, shipping, billing/payment procedures, bookkeeping, business reports, etc. Ultimately, you're getting paid for redirecting your shopping and referring others to do the same. It's fun, it's easy, and it is incredibly profitable. There's a saying: We making friends, making money, making a difference. If you'd like more information, contact me at [e-mail]

Answer 5

If it is just play money, go to thestreet.com and do some research on it. Pick a small stock with a low price that is in a growth field and sit on it. Sites like tradeking.com have low cost trading and you don't need more than $500.00 to open your account.

Answer 6

I would invest it here in a DRIP at OHI Omegea HealthCare after which I'd call their Investors Relations people at their toll fre number for assistance in enrolling. I would recommend that you reinvest your dividends. The initial fee is a minimum of $250!

http://www.omegahealthcare.com/ireye/ir_site.zhtml?ticker=OHI&script=11939&layout=8&item_id='drip.htm'

http://www.omegahealthcare.com/media_files/nys/ohi/default5.htm

The toll free number for Investor Relations is 866-99-OMEGA (Investor Relations)

Or you can buy you $500 worth of INLM and hold for a year or sell at a double!

Answer 7

Put it in a saving account at your local bank. Now only will it earn your some interest, but you won't be hit with fees for removing it if you find that you suddenly need to use it for something.j

Stock and bonds are great, but good old savings accounts shouldn't be overlooked. Everybody needs to have money that is accessible to them quickly, in times of trouble.

Answer 8

I would go with a national bank stock like Wachovia, Bank of America, etc. Many of these bank pay dividends close to 5% with a strong possibility of price apprection.

Answer 9

I was told the other day that a guy that invested $28,000 in an ethanol production plant 18 months ago has already made $28,500 PROFIT already. I wish I had $28,000.

Answer 10

choices are aplenty when it comes to investing... one such is currency trading and available in 24 hrs a day... there are also many systems available in the market to provide tips as well but do observe their terms and conditions.. take a look at http://www.prosignal-forex.com/index.php?ref=1342 for example. hope this helps!